Accused-turned-approver Rajiv Saxena in AgustaWestland chopper scam case, has been arrested by the Enforcement Directorate (ED) in a connection with an alleged bank loan fraud case. He will be produced before a Delhi Court shortly.

The Dubai-based businessman, Saxena was extradited to India on January 31, 2019, in connection with the Rs 3,600 crore scam case relating to the purchase of 12 VVIP helicopters from AgustaWestland. Enforcement Directorate has been arrested him in connection with the bank loan case related to the Central Bank of India. The bank had accused Moser Baer, its director and others of defrauding the bank of Rs 354 crores. The bank had claimed that Moser Baer and its directors with others, allegedly forged and fabricated documents to induce the Central Bank of India to release funds.

The CBI had, in 2019 filed a case against Ratul Puri, who is the former executive director of Moser Baer India Limited (MBIL),…

Read full article at www.devdiscourse.com

Share.

Comments are closed.